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Publicação
On the Community Patent
Autores
Orientador(es)
Resumo(s)
The European Union will be introducing a Europe-wide patent, the so-called Community Patent. Its aim is to foster innovative activity, but strategic effects between firms competing in R&D have not been considered in the official discourse. We show that, even if these are taken into account, the Community Patent will increase innovative activity and welfare. On the other hand, if the decision of participating in R&D is considered, then this increased R&D will be concentrated into fewer firms. Furthermore, we show that existing asymmetries between countries and firms are bound to increase.
Descrição
Palavras-chave
Community patent R&D race Participation in R&D
Contexto Educativo
Citação
Hoernig, Steffen, On the Community Patent (December, 2004). FEUNL Working Paper Series No. 467